India moved up 16 positions in this edition of index as compared to 71th position in 2014.

The jump in India’s position has been attributed to its recent economic recovery, improvement in the competitiveness of institutions, macroeconomic environment and slight improvement in infrastructure.

Most problematic factors for doing business in India are policy instability, corruption, inflation and access to finance.

India ranks in areas such as investor protection, quality of education system, gross national savings, venture capital availability, GDP and domestic market size, hiring and firing practices, burden of government regulation and public trust in politicians.